In today's turbulent times, businesses face challenges such as growing uncertainty, high costs, increased competition for essential skills, and fast-changing working methods. Many organizations struggle to attract, motivate, and retain talent, especially in mid-sized organizations. To stay competitive, HR leaders must focus on proven tools to engage and retain employees. Employee reward and recognition are pivotal in balancing the need for talent retention and the pressure to tighten budgets. Instead of raising financial rewards, organizations should focus on driving commitment, engagement, and belonging among employees, improving their resilience and allowing businesses to remain competitive.

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